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Port Republic Rd - STONE PORT | RETAIL PADS AVAILABLE

1.04 - 10.23 Acre Commercial Land Lots in Harrisonburg, VA 22801

Investment Highlights

  • Highly visible sites on Port Republic and Southeast Connector, which connects every commercial corridor in Harrisonburg
  • Directly connected to 12,000 Student Beds, James Madison University' s main campus, Interstate 81 within 2 miles
  • The Reserve at Stone Port, a premier luxury apartment community featuring 396 apartment homes built on site
  • Outperforms E. Market Street | Higher population count and greater projected growth
  • Rockingham Memorial Hospital (200,000 patients, 2,400 employees) is immediately across Port Republic
  • Located in the fastest growing area of the fastest growing city in Virginia

Executive Summary

Stone Port is located in the fastest growing section in the fastest growing City in Virginia (21% over the last decade). More than 1400 new residential units/bed have been announced recently and a total of 3,200 new units/bed over the last two years within two miles of Stone Port. Additionally, the site is within 1.5 miles of Interstate 81, heavy SFR density, and 12000 James Madison University student beds and immediately across from Rockingham Memorial Hospital, which serves 200,000 patients annually and employs 2,400. Located on two of the busiest commercial corridors in Harrisonburg. Port Republic (18,000 AADT) and the Southeast Connector (31,100 projected upon build-out) with parcel sizes that are flexible and available for sale, lease, or build-to-suit. The Southeast Connector links every commercial corridor in Harrisonburg and will be the most heavily traveled road in the Shenandoah Valley. Those selecting Stone Port include Walmart Neighborhood Market, Dupont Community Credit Union, Moe's SW Grill, Bojangles, Wendy's, the Reserve at Stone Port (396 units), and more.

Property Facts

Sale Type Owner User
No. Lots 7
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Fast Food
  • Restaurant
  • Strip Centre
  • Supermarket
Total Lot Size 18.64 AC
Opportunity Zone Yes

7 Lots Available

Lot 1

Lot Size 1.04 AC

*UNDER CONTRACT*

Lot 2

Lot Size 1.37 AC

*UNDER CONTRACT* - Corner parcel next to Walmart Neighborhood Market.

Lot 8

Lot Size 10.23 AC

*UNDER CONTRACT* Excellent grocery or retail box parcel. Several points of ingress/egress and highly visible.

Lot 13

Lot Size 1.54 AC

Office parcel with easy access via the SE Connector and Stone Spring Road.

Lot 15

Lot Size 1.34 AC

Interior office parcel with utilities in place.

Lot 16

Lot Size 1.85 AC

Office/retail parcel with frontage on Spring Port Drive and Stone Port Blvd.

Lot 21

Lot Size 1.27 AC

Highly visible corner parcel fronting on the SE connector (Stone Spring Rd) and Port Hills Drive immediately across from The Reserve at Stone Port (396 Units). Listed price is per acre.

Description

Highly visible corner parcel fronting on the SE Connector (Stone Spring Road) and Port Hills Drive. Immediately across from The Reserve @ Stone Port (396 units). Stone Port parcels are rough graded representing a significant cost advantage over raw land requiring full grading and compaction. Parcels are divisible to your needs — avoiding the cost of purchasing excess land. Unlike most parcels available, water and sewer is stubbed to each parcel eliminating expensive main water/sewer line extensions by the Purchaser. Stone Port’s location in Rockingham County offers lower real estate taxes and NO BPOL taxes. Stone Port represents a tremendous savings per acre with lower engineering costs, lower site development costs, and lower taxes.

zoning

Zoning Code B1 (Low-medium density business zoning.)
B1 (Low-medium density business zoning.)
  • Listing ID: 8837751

  • Date on Market: 2017-08-25

  • Last Updated:

  • Address: Port Republic Rd, Harrisonburg, VA 22801

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